Subordinated Debt Definition Example with 4 Variations

This page contains an example definition of Subordinated Debt, followed by definitions with minor variations. You can view the differences between the example and variations by selecting the "Show Differences" option.
Subordinated Debt. Is debt incurred by Borrower subordinated to Borrower's indebtedness owed to Bank and which is reflected in a written agreement in a manner and form acceptable to Bank and approved by Bank in writing.

Variations

Subordinated Debt. Is is debt incurred by Borrower subordinated to Borrower's indebtedness owed to Bank and which is reflected in a written agreement in a manner and form reasonably acceptable to Bank and approved by Bank in writing.
Subordinated Debt. Is is debt incurred by Borrower that is subordinated to Borrower's indebtedness Indebtedness owed to Bank and which that is reflected in a written agreement in a manner and form acceptable to Bank and approved by Bank in writing.
Subordinated Debt. Is is debt incurred by any Borrower subordinated to Borrower's Borrowers' indebtedness owed to Bank and which is reflected in a written agreement in a manner and form acceptable to Bank and approved by Bank in writing.
Subordinated Debt. Is is debt incurred by Borrower that is subordinated to Borrower's indebtedness Indebtedness owed to Bank and which that is reflected in a written agreement in a manner and form acceptable to Bank and approved by Bank in writing.
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